1:30pm on December 8 marks the start time of the press conference held by Mario Draghi, the head of the ECB, after the final 2016 meeting of the bank’s monetary policy setting committee, the Governing Council, with the group’s decision announced at 12:45pm. What are the possible outcomes for the meeting and what will be the…
The headlines today might be focused on ongoing events for Italian banks following Sunday’s referendum result, however the UK banks are making tremendous headway on the UK 100 this morning. Leading names including RBS (+3.9%), Standard Chartered (+3.8%), Lloyds (+3.5%) and Barclays (+3.2%) are enjoying stellar performances near the top of the index this morning, whilst even…
Macro observations Italy has voted to reject constitutional reforms and the country’s Prime Minister, Matteo Renzi, has gone down alongside his proposals. This has thrust the Euro back into the spotlight as a busy week for European policy makers begins. The continued fallout from the Italian population’s overwhelming ‘No’ to Renzi’s proposed streamlining of the…
The UK Index ’s Miners, beloved of retail investors, have been doing rather well of late, posting gains of up to 15% since Trump’s election on hopes he will unleash a huge programme of fiscal stimulus and US infrastructure spending. This fresh requirement of raw materials like Copper, Aluminium, Zinc, Iron ore, etc, could breathe a…
With December already upon us, you might be thinking that you’ve missed the chance to benefit from trading this year’s major market moves by jumping on board during the aftermath. This year has provided so many attractive opportunities for traders to take advantage of massive directional movements from Equities, Indices, Currencies and Commodities, a clean sweep…
2 Dec This is Money Michael van Dulken, at Accendo Markets, said: ‘Equities are under pressure into the weekend, understandable with a line-up of risk events that kicks off with the US jobs report this afternoon, seen sealing the deal for a Fed rate hike on December 14. ‘Thereafter, it’s all about European politics with Sunday’s…